President Cyril Ramaphosa has declared that he will not resign as leader of South Africa as Parliament moves forward with an impeachment process linked to the controversial Phala Phala incident.
In a national address Monday evening, Ramaphosa strongly rejected calls for his resignation, framing the impeachment push as an attempt to derail reform efforts.
“To resign now would be to give in to those who seek to reverse the renewal of our society, the rebuilding of our institutions and the prosecution of corruption. I fully intend to continue serving the people of South Africa and to advance their interest,” the president said.
The controversy stems from what has become known as the Phala Phala incident, named after the president’s private farm where he breeds exotic cattle. The matter dates back to 2020, when approximately USD 580 million was allegedly stolen from the property. Reports indicated that the money had been hidden inside a leather sofa on the farm.
At the time, Ramaphosa said the funds were proceeds from the sale of buffalo to Sudanese businessman Mustafa Mohamed Ibrahim Hazim. However, the circumstances surrounding the large amount of foreign currency, including questions about its storage and reporting, sparked widespread political, legal, and ethical debate.
The issue prompted scrutiny from opposition parties and led to parliamentary and judicial attention.
On Monday, National Assembly Speaker Thoko Didiza announced that Parliament would comply fully with the court order and initiate steps to establish an Impeachment Committee.
The committee is expected to conduct public hearings into the president’s conduct as part of the constitutional process outlined for potential removal from office. The procedure requires significant support within the National Assembly to succeed.
Ramaphosa has denied any wrongdoing and maintains that he respects the rule of law. While the impeachment process unfolds, he has indicated that he will continue to carry out his duties as president.
Political analysts say the outcome will largely depend on parliamentary dynamics, particularly the position of the ruling African National Congress, which holds a majority in the National Assembly.
The impeachment proceedings are expected to draw intense public and political scrutiny in the coming weeks.
